Steve jobs back dating options, navigation menu
On Friday, after I told John Sculley who would be joining me, he confirmed Apple's willingness to discuss areas of possible collaboration between Apple and my new venture.
I am but 30 and want still to contribute and achieve. This apparently violates a whole bunch of SEC rules.
Although many companies have been identified as having problems with backdating, the severity of the problem, and the consequences, fall along a broad spectrum.
But how does that relate to hiring prostitutes and drugging customers without their knowledge? Worst case, it happened on Jobs' watch, but he was far enough removed from the action to claim plausible deniability. I was one of his few friends.
Sources: CEO handed 7.5 million stock options without authorization
However, if the company granted options with an exercise price below fair market value, there would be a compensation expense that had to be recognized under applicable accounting rules. At its roots that attitude came from Steve Jobs. I'll give you five bucks if you finish it.
But the maker of the popular iPod also said that Jobs did not financially benefit from the options and added that a special committee that investigated the options-granting practices at Apple found no wrongdoing by Jobs or other current managers.
And he was too intellectual for the hippies, who just wanted to get wasted all the time. We needed a Volkswagen. She also did not feel comfortable with the idea of having an abortion.
However, these same reports indicate Jobs is not the target of the SEC investigation. Several news outlets, including the Associated Press, quoted unnamed sources close to the case as confirming Jobs was issued a subpoena last month, though he isn't likely to testify before November.
I continue to hope that calmer voices within the Company may yet be heard.
And we're just getting started. Notable companies embroiled in the scandal include Broadcom Corp.
The SEC has or is investigating hundreds of companies, many of them technology-related, caught or accused of illegal backdating.
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